Events
Monday Lunch Seminars Jim Raymo (University of Wisconsin-Madison)
Educational Differences in Early Childbearing: A Cross-national Comparative Study Abstract: This cross-national comparative study describes relationships between women’s socioeconomic status and early age at first childbirth and seeks to lay an empirical foundation for further research on the ways in which these relationships are shaped by national context. To this end, we describe differences in early childbearing with respect to both…
Distinguished Scientific Lectures Inauguration Ceremony and Carlo Alberto Medal Lecture: Oriana Bandiera (LSE)
"Incentives in Organisations: Evidence from Field Experiments" Introduction by Alessandro Sembenelli 5:30 pm: Opening Address Pietro Garibaldi (Collegio Carlo Alberto, University of Torino) Lecture Video
Seminars in Economics Ugo Panizza (UN Conference on Trade and Development)
"Too Much Finance?" AbstractThis paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We develop a simple model in which the expectation of a bailout may lead to a financial sector which is too large with respect to the social optimum. We then use…
Seminars in Economics of Innovation and Knowledge John Barkley Rosser, James Madison University
"Evolution and complexity"
Seminars in Economics Shachar Kariv (University of California, Berkeley)
“Who is (More) Rational?” Abstract Revealed preference theory offers a criterion for decision-makingquality: if decisions are high quality then there exists a utility functionthat the choices maximize. We conduct a large-scale field experimentthat enables us to test for consistency with utility maximization. Wefind that high-income and high-education subjects display greater levels of consistency than low-income…
Collegio Aperto Collegio aperto: Alejandro Portes (Princeton University)
Cavour Lectures "Migration and Social Change" "Migrazioni e cambiamenti sociali, quali effetti possibili?" Introduction by Maurizio Ambrosini (University of Milano) Lecture Video Alejandro Portes, rinomato sociologo, ha contribuito allo sviluppo degli studi sulle migrazioni e sull'urbanizzazione, è stato il Direttore del Dipartimento di Sociologia dell'Univerista' di Princeton, dove e' ora Howard Harrison e Gabrielle Snyder Beck Professor…
Seminars in Economics of Innovation and Knowledge Alfonso Gambardella, Università Bocconi
"The determinants of the private value of patented inventions" (at Dipartimento di Economia "S. Cognetti de Martiis")
Monday Lunch Seminars Levon Barseghyan (Cornell)
"The Nature of Risk Preferences: Evidence from Insurance Choices" (Note: the seminar is on Wednesday) Abstract: We use data on insurance deductible choices to estimate a structural model of risky choice that permits "standard" risk aversion, loss aversion, and probability weighting. We show that loss aversion and probability weighting - though not separately identified without strong…
Seminars in Economics Jeremy Fox (University of Michigan)
"Unobserved Heterogeneity in Matching Games"
Seminars in Statistics Ilya Molchanov (University of Bern)
Symmetries of probability distributions, their geometric meaning and financial applications The talk starts with the known put-call symmetry property and its application to semi-static hedging of barrier options. Then it is explained how to interpret this property geometrically and extend it in various ways, most importantly for the multivariate (multiasset) case that would correspond to…
Monday Lunch Seminars Giangiacomo Bravo (Università di Torino & Collegio Carlo Alberto)
"Discrimination in labour markets: An experimental analysis" Abstract: This study highlights that discrimination can be pervasive on the labor market also in the lack of quality differences between different categories and if employers with unbiased intentions strive for high quality workers. We tested experimentally the hypotheses that (i) high aspiration levels of firms and (ii)…
Seminars in Economics Fernando Vega-Redondo (EUI)
"Social networks and the process of globalization" Abstract We propose a stylised dynamic model to understand the role of social networks in the phenomenon we call "globalization." This term refers to the process by which even agents who are geographically far apart come to interact, thus overcoming what would otherwise be a fast saturation of…
Seminars in Economics Jaap Abbring (Tilburg University)
"Simple Markov-Perfect Industry Dynamics" Abstract This paper develops a tractable model for the computational and empirical analysis of infinite-horizon oligopoly dynamics. It features aggregate demand uncertainty, sunk entry costs, stochastic idiosyncratic technological progress, and irreversible exit. We develop an algorithm for computing a symmetric Markov-perfect equilibrium quickly by finding the fixed points to a finite…
Monday Lunch Seminars Francesca Molinari (Cornell University)
"Inference for Best Linear Approximations to Set Identified Functions" Abstract: This paper provides inference methods for best linear approximations to functions which are known to lie within a band. It extends the partial identification literature by allowing the upper and lower functions defining the band to be any functions, including ones carrying an index, which…
Monday Lunch Seminars Antonio Nicolò (Universita di Padova)
"On the Efficiency of Partial Information in Elections" We study the relation between the electorate’s information about candidates’ policy platforms during an election, and the subsequent provision of inefficient local publicgoods (pork) by the elected government. More information does not lead to better outcomes. We show that the efficient outcome in which no candidate proposes…
Seminars in Economics Elie Tamer (Northwestern University)
"Sensitivity analysis in a likelihood model"
Monday Lunch Seminars Aleksey Tetenov (Collegio Carlo Alberto)
"Price as a signal of product quality: experimental evidence from wine tastings" Abstract:We study the determinants of the choice between wines in wine tasting experiments where about 200 nonprofessional tasters were asked to indicate which one of the tasted wines they preferred and which one they would buy. In addition to actually tasting several wines, which differ in terms…